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Showing posts from October, 2022

7 Best Crypto Wallets of August 2022

   Crypto wallets are an essential tool for buying, trading, and selling cryptocurrencies. Traders need them to store crypto securely, as well as to protect and validate transaction information. Be the hardware or software, also called hot and cold storage, custom crypto wallets offer traders dedicated solutions compared to those from crypto exchanges. Read on to learn about the different types of cryptocurrency wallets, how they work, and which one you should pick. Some people searching for crypto wallets are looking for a crypto exchange, which is why we’ve included Public.com in this comparison table. If you’re more interested in learning where to buy and sell cryptocurrency, as well as, the pros and cons of centralized vs decentralized exchanges, you might consider reading our piece on the Best Crypto Exchanges. Best for Beginners: Coinbase We chose Coinbase Wallet as the best crypto wallet for beginners because it’s an intuitive and highly secure wallet that is backed by a well-kn

Asian stocks after Wall St pullback on Fed inflation stance

    ghai and Hong Kong fell while Tokyo and South Korea advanced. Oil prices retreated.  Wall Street's benchmark S&P 500 index lost 0.7% on Monday, adding to last week's losses. Stocks tumbled after Fed chair Jerome Powell indicated Friday the U.S. central bank will stick to a strategy of rate hikes to cool inflation that is at multi-decade highs. That appeared to quiet speculation the Fed might ease off due to signs economic activity is cooling. “Markets are still digesting Jay Powell’s hard-hitting message on inflation" while the European Central Bank also is giving “more hawkish” signals, said Venkateswaran Lavanya of Mizuho Bank in a report. The Shanghai Composite Index lost 0.5% to 3,225.10 and the Hang Seng in Hong Kong tumbled 0.9% to 19,851.86. The Nikkei 225 in Tokyo gained 1.2% to 28,217.36 after the official unemployment rate for July held steady and the labor participation rate, or the share of the working-age population that is in jobs, stayed at a record

Ethereum reports that the merge update was successful.

     Ethereum is a decentralized blockchain platform that executes and verifies smart contracts. Participants can transact without a central authority via smart contracts.   Participants have full ownership and visibility of immutable, verifiable, and securely distributed transaction records.   Ethereum accounts send and receive transactions. Senders must sign transactions and pay Ether to process them on the network. Ethereum reports that the Merge upgrade was successful, and that there will be more.   The Merge is a significant step in reducing the amount of electricity used by the Ethereum blockchain, but there are still many improvements planned.   According to the Ethereum Foundation, the Paris upgrade's final phase was completed at 2:45 p.m. Hong Kong time, ending the long wait for the Ethereum network upgrade.   The second-largest blockchain in the world, with a market worth of US$200 billion, will undergo a significant change in its infrastructure known as The Merge, which